Modi Mudra Yojna 2.0

The purpose of this app is to provide funding to the non corporate small business sector. Loans worth about Rs 1 lakh crore have been sanctioned to small entrepreneurs.

We also help get your personal loan application approved by various government or private firms.

Three categories of interventions has been named which includes

Shishu :- Loan up to ₹50,000 (US$740)
Kishore :- Loan ranging from ₹50,000 (US$740) to ₹5 lakh (US$7,400)
Tarun :- Loan above ₹5 lakh (US$7,400) and below ₹10 lakh (US$15,000)

These three categories will signify the growth, development and funding needs of the beneficiaries.

Till the date of 7th April, 2016, this scheme has served to 9.5 lakh beneficiaries under the ‘Shishu Loans’ category with a loans disbursement worth of Rs 2111 crore, 85,039 beneficiaries under the ‘Kishore Loans’ category with a loan disbursement worth of Rs 1,843 crore, and 25,852 beneficiaries have been served under the ‘Tarun Loans’ category with a loans disbursement worth of Rs 1,875 crore in the last 12 months.